SEQUIM ELKS LODGE 2642

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

Klayton Waldron

Phone

3606832763

Tax Period

2024-04-01 to 2025-03-31

SEQUIM ELKS LODGE 2642, founded in 1970, is a small nonprofit that reported $398K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $103K, a strong 26% operating margin.

Mission

FRATERNAL - CIVIC SERVICES

Program Service Accomplishments

Program 1

THE ELKS LODGE IS COMMITTED TO THE ASSISTANCE OF NUMEROUS CIVIC CHARITIES BOTH LOCAL AND NATIONAL. ADDITIONALLY, THE LOCAL LODGE ENCOURAGES CIVIC MINDED TOWNSPEOPLE TO BECOME INVOLVED WITHIN THE...

THE ELKS LODGE IS COMMITTED TO THE ASSISTANCE OF NUMEROUS CIVIC CHARITIES BOTH LOCAL AND NATIONAL. ADDITIONALLY, THE LOCAL LODGE ENCOURAGES CIVIC MINDED TOWNSPEOPLE TO BECOME INVOLVED WITHIN THE SEQUIM COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $169,134

Program Service Revenue $0

Investment Income $1,240

Other Revenue $227,403

TOTAL REVENUE $397,777

Expense Breakdown

Grants Paid $0

Salaries & Benefits $55,305

Fundraising Expenses $85,079

Other Expenses $239,416

TOTAL EXPENSES $294,721

Year-over-Year Comparison

	2024	2023	Change
Revenue	$397,777	$265,036	+0.5%
Expenses	$294,721	$228,204	+0.3%
Net Income	$103,056	$36,832	+1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elroy Panoke	4 Year Trustee	0.00	Director	$0	$0	$0
Bill Seabolt	Trustee	3.00	Director	$0	$0	$0
Mike Guzman	Trustee	3.00	Director	$0	$0	$0
Jamie Blake	Trustee	3.00	Director	$0	$0	$0
Charlie Johnson	Trustee	3.00	Director	$0	$0	$0
Klayton Waldron	Exalted Ruler	10.00	Officer	$0	$0	$0
Bryan Smolinsky	Leading Knight	2.00	Officer	$0	$0	$0
Magan Waldron	Loyal Knight	2.00	Officer	$0	$0	$0
Jim Headley	Lecturing Knigh	2.00	Officer	$0	$0	$0
Brooke Guzman	Secretary	10.00	Officer	$0	$0	$0
Crystal Parker	Treasurer	10.00	Officer	$0	$0	$0
Gene Matson	Tiler	3.00	Officer	$0	$0	$0
Doug Mertz	ESQUIRE	3.00	Officer	$0	$0	$0
Cyndee Rayburn Smith	Chaplain	3.00	Officer	$0	$0	$0
Kim Somlinsky	Inner Guard	3.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2026	No data	No data	No data	No data
2025	$397,777	$294,721	$997,733	$103,056
2024	$265,036	$228,204	$894,539	$36,832
2023	$339,653	$252,057	$847,081	$87,596
2022	$234,741	$168,927	$747,996	$65,814
2021	$125,835	$139,956	$681,527	$-14,121
2020	$334,867	$265,718	$707,469	$69,149
2019	$364,011	$241,192	$628,211	$122,819